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CADLE CO. v. PATOINE

No. 00-209.

772 A.2d 544 (2001)

CADLE COMPANY v. Barbara PATOINE.

Supreme Court of Vermont.

April 13, 2001.

Attorney(s) appearing for the Case

Thomas R. Paul of Paul and Paul, St. Johnsbury, for Plaintiff-Appellee.

Robert A. Gensburg, St. Johnsbury, for Defendant-Appellant.

Present: AMESTOY, C.J., DOOLEY, MORSE, JOHNSON and SKOGLUND, JJ.

AMESTOY, C.J.

Defendant Barbara Patoine, a co-signer on a defaulted promissory note purchased by plaintiff Cadle Company from the Federal Deposit Insurance Corporation (FDIC), appeals the superior court's summary judgment ruling refusing to apply any of her asserted defenses against plaintiff. We reverse.

In August 1991, Wayne Kimball obtained a $40,000 construction loan from Caledonia National Bank. Defendant co...

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